Plaza Hotel Sues Trump In Bid For Casino Rent

Law360, New York (May 4, 2009, 12:00 AM EDT) -- Plaza Hotel Management Co. has filed an adversary complaint against bankrupt Trump Entertainment Resorts Inc. and others, in a bid to collect rent payments out of the cash collateral raised through the Trump Resort and Casino in Atlantic City, N.J.

In a suit filed in the U.S. Bankruptcy Court for the District of New Jersey on Friday, Plaza asked the court to modify and clarify a cash collateral order so that prepetition liens of the prepetition secured parties and the prepetition secured parties' post-petition liens are...